Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%

Price spread now: HTX against MEXC+0.108%7-day average −0.156% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$890.891% of the position

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.108%, 7d avg −0.156%

Together, before fees+0.141%+$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.264% dearer against MEXC than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.156%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLD_USDT	0.4619	0.0100	pay 0.0100% / 8h	5h 12m	$45.6M	$54.7M	300x
Short	HTX WLD-USDT	0.4624	0.0100	get 0.0100% / 8h	5h 12m	$845K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee HTXbpOrdersPrice spread, now +0.108%Rate

Funding earned: $0
Price spread: +0.108% → −0.156%: $26.39
Slippage, 4 orders: −$77.11
Fee MEXC: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$62.72
Costs to cover: 0.891%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; HTX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	1.08 bp	1.1 bp −$1	4.5 bp −$45	24.3 bp −$2,428	79.2 bp −$39.6K
Sell HTX live order book, 1 min ago	16.19 bp	26.1 bp −$26	238.5 bp −$2,385	doesn't fit	doesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXWLDPERP	−0.0121%	8h	0.4629	+0.216%	$46K	$4.6M	1.7x	as long as short
KuCoin WLDUSDTM	−0.0024%	8h	0.4619	0.000%	$7.0M	$11.6M	50x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4619	+0.002%	$164K	$26K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4625	+0.130%	$120K	$920K	25x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4628	+0.191%	$55K	—	150x	as long as short
Nado WLD-PERP	+0.0008%	1h	0.4618	−0.027%	$267K	$187K	5x	as long as short
01 Exchange WLDUSD	+0.0056%	1h	0.4617	−0.052%	$330	$80	5x	as long as short
Orderly PERP_WLD_USDC	+0.0077%	8h	0.4623	+0.087%	$28K	$890K	10x	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4625	+0.136%	$174K	$1.1M	50x	as long as short
Pacifica WLD	+0.0100%	1h	0.4621	+0.043%	$48K	$511K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance WLDUSDT	+0.0100%	8h	0.4618	−0.022%	$87.8M	$326.4M	75x	as long as short
Bybit WLDUSDT	+0.0100%	8h	0.4617	−0.043%	$66.0M	$88.4M	50x	as long as short
OKX WLD-USDT-SWAP	+0.0100%	8h	0.4617	−0.043%	$34.9M	$149.4M	50x	as long as short
Gate WLD_USDT	+0.0100%	8h	0.4618	−0.022%	$7.2M	$37.1M	75x	as long as short
MEXC WLD_USDTlong	+0.0100%	8h	0.4619	long leg	$45.6M	$54.7M	300x
Bitget WLDUSDT	+0.0100%	8h	0.4618	−0.022%	$30.7M	$29.7M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4618	−0.022%	—	$67.2M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4621	+0.050%	$134K	$293K	10x	as long as short
Variational Omni WLD	+0.0100%	8h	0.4639	+0.424%	$2.2M	$1.7M	—	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4634	+0.331%	$27K	$319K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4635	+0.338%	$618K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4633	+0.303%	$51K	$236K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4617	−0.048%	$54K	$2.0M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4629	+0.216%	$23K	$1.6M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4623	+0.087%	$177	$5K	10x	as long as short
HTX WLD-USDTshort	+0.0100%	8h	0.4624	+0.108%	$845K	$1.9M	50x
Phemex WLDUSDT	+0.0100%	8h	0.4621	+0.043%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4616	−0.058%	$213K	$929K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4624	+0.100%	$31K	$600	3x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4617	−0.050%	—	—	20x	as long as short
Phoenix WLD	+0.0172%	1h	0.4653	+0.740%	$5K	$57K	10x	as long as short
Lighter WLD	+0.0184%	1h	0.4626	+0.154%	$5.0M	$2.3M	10x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4622	+0.065%	$5.0M	$803K	75x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0230% / S −0.1268%	1h	0.4627	+0.163%	$5K	—	100x	as long as short
Hyperliquid WLD	+0.0475%	1h	0.4625	+0.130%	$51.5M	$42.7M	10x	as long as short
Coinbase International WLD-PERP-INTX	+0.0480%	1h	0.4640	+0.455%	$274K	$1.7M	50x	as long as short
Injective WLD/USDC PERP	+0.0677%	1h	0.4636	+0.368%	$6K	$185K	5.5x	as long as short
Kraken Futures PF_WLDUSD	+0.0895%	1h	0.4625	+0.124%	$895K	$2.9M	50x	as long as short